Colorcast, an Austin, Texas-based provider of a social sports talk app, closed a pre-seed funding round of $1.5M.
Backers included Tribeca Early Stage Partners, VoicePunch VC, Hilltop Venture Partners, and Connetic Ventures, among others.
The company intends to use the funds to expand into additional sports markets, grow its talent acquisition team, and continue diversify its offering.
Led by CEO Evan Kirkham, Colorcast is a Social Sports Talk App that allows anyone, anywhere, with no equipment, to commentate on live sports, before, during, and after the game. It allows “casters” and listeners to synchronize their audio streams, facilitates shared visual context, and provides users with stats, scores, betting odds, and other real-time information about the game. Casters and listeners can interact via text chat or via the “Hot Seat,” where listeners are actually brought onto the microphone and given a chance to ask questions or share their own hot sports takes.
Colorcast has announced that it is featuring high profile NFL athletes and celebrities on the platform including, Steelers’ legends Ryan Shazier, Ike Taylor, James Washington, Rams’ safety Taylor Rapp, Falcons’ fullback Keith Smith, and Roc Nation Rapper, Vic Mensa.